Rakuten has scored an exit from digital invoicing platform MakeLeaps after Ricoh agreed to buy the company for a reported eight-figure amount.
Office products supplier Ricoh has agreed to acquire Japan-based digital invoicing platform developer MakeLeaps, providing an exit for Rakuten Ventures, the corporate venturing arm of e-commerce firm Rakuten.
Ricoh will buy all of MakeLeaps shares at the end of this month to complete the transaction, which Nikkei Asian Review estimated would be priced in the eight-digit dollar range.
Founded in 2009, MakeLeaps operates a cloud-hosted invoicing facility for businesses and freelancers that automatically creates billing documents with custom features such…
